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In late-July, the European Investment Bank (EIB) agreed on the financing structure of NeuConnect, the first ever energy link connecting Germany and the United Kingdom, two of the largest electricity markets in Europe. The investment to build the interconnector will amount to EUR2.8 billion, with the EIB set to contribute up to EUR400 million for the financing construction of the section within the European Union (EU).…

The need to reduce the environmental impact of the dairy sector, promoting sustainability, may limit the growth of the industry internationally, but the world’s largest milk producer, India, is projected to double its turnover within the next five years, a global conference has been told.…

The Big 4 accounting groups (Deloitte, EY. KPMG and PwC) have joined with 161 major international accountancy and business companies, partnerships and organisations to call for a coordinated approach by promoters of international sustainability standards. A joint statement developed by the International Federation of Accountants (IFAC), the World Business Council for Sustainable Development (WBCSD) and Principles for Responsible Investment (PRI) said the International Sustainability Standards Board (ISSB), the US Securities & Exchange Commission (SEC) and the European Financial Reporting Advisory Group (EFRAG) should work closely together.…

With ongoing floods and high rainfall in most parts of Pakistan damaging its economy, the country’s textile and clothing sector, accounting for nearly 60% of national exports, is bracing itself for the potential cancellation of export orders by international buyers.

The initial assessment of losses inflicted by the devastating rains and floods especially in Sindh and Balochistan provinces and to a lesser extent in Khyber Pakhtunkhwa (KPK) and Punjab provinces, has already been estimated by the federal government at billions of dollars (it is working on a more precise estimate), with displacement of 33 million people, 1,400 deaths (including children), the destruction of hundreds of thousands of houses, roads infrastructure and communication networks.…

Academics have stressed at an international conference in Tunisia the importance of ensuring African graduates secure jobs after their studies, ideally linked to the expertise they have gained during their courses. They spoke out at the second Annual Academic Summit hosted by the Honoris United Universities (HUU) network of private universities, which was staged on both campuses of Tunisia’s Central University (Université Centrale), Tunis, and the Ariana, Tunis-based ESPRIT: Ecole Supérieure Privée d’Ingénierie et de Technologies, from August 30 to September 2.…

The rising value of the US dollar in international exchange markets is inflating the value of exported US-made vehicles, while reducing the cost of competing imports and parts sourced overseas.

With war and inflation making the US dollar an attractive option to currency traders, the greenback has been appreciating, including against the Euro (EUR), Japanese yen (JPY), Canadian dollar (CAD), British pound (GBP), Swedish krona (SEK) and Swiss franc (CHF) – making up the US dollar index (USDX).…

The Malawian government has cracked down on 20 private universities and tertiary education colleges it says lack formal permission to operate, ordering that they close with immediate effect.

Formal applications must be made to the Malawi National Council for Higher Education (NCHE) for operational licences should any of the blacklisted institutions want to resume operations.…

The Covid-19 pandemic’s expansion of online learning has created new higher education opportunities to teach African prison inmates, even if some jail administrators and government officials have often been reluctant to take advantage of these options. The idea that prison can deliver personal growth and reform as well as punishment and justice is not universally accepted across the continent, restricting the potential of higher online learning for inmates.…

Major vaping players are investing in innovative solutions to offer healthier, more pleasant, and more eco-friendly products, trying to reshape a segment facing a growing number of restrictive laws worldwide.

According to the Dublin-based market researcher Research and Markets, “the global e-cigarette market reached a value of USD20.4 billion in 2021” and should reach USD30 billion by 2027 (1).…

Africa is the continent with the youngest population in the world, and so needs to expand effective higher education, Dr Jonathan Louw, group CEO of Honoris United Universities (HUU), the largest pan-African tertiary education network, has told UWN.

In an exclusive interview in Tunis, Tunisia, Dr Louw noted how the fact that almost 60% of Africa’s population is under 25 years old presents a huge opportunity for higher education in Africa.…